Jabil (NYSE:JBL) Stock: Insider Matthew Crowley Sells 3,922 Shares

Jabil, Inc. (NYSE:JBL) EVP Matthew Crowley sold 3,922 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $290.00, for a total transaction of $1,137,380.00. Following the completion of the transaction, the executive vice president owned 63,410 shares of the company’s stock, valued at approximately $18,388,900. The trade was a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jabil Price Performance

JBL traded down $15.54 during trading on Friday, reaching $272.23. 1,279,129 shares of the company traded hands, compared to its average volume of 1,233,178. The company has a market cap of $28.03 billion, a P/E ratio of 27.84, a PEG ratio of 0.87 and a beta of 1.30. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99. Jabil, Inc. has a 12-month low of $189.60 and a 12-month high of $428.93. The firm has a fifty day simple moving average of $300.44 and a 200 day simple moving average of $306.54.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. The company had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $9.69 billion. Jabil had a net margin of 2.90% and a return on equity of 89.50%. Jabil’s revenue for the quarter was up 28.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.29 EPS. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. On average, equities analysts forecast that Jabil, Inc. will post 16.53 EPS for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Monday, November 16th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, November 16th. Jabil’s dividend payout ratio is presently 3.27%.

Wall Street Analysts Forecast Growth

JBL has been the subject of several recent analyst reports. The Goldman Sachs Group dropped their target price on Jabil from $482.00 to $375.00 and set a “buy” rating for the company in a research report on Tuesday, September 8th. JPMorgan Chase & Co. raised their price target on Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. UBS Group restated a “buy” rating on shares of Jabil in a report on Thursday, October 8th. Argus reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Jabil in a research report on Thursday, October 1st. Finally, Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 16th. Two analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $434.22.

Hedge Funds Weigh In On Jabil

Institutional investors have recently made changes to their positions in the company. Empirical Finance LLC increased its position in Jabil by 0.6% during the 1st quarter. Empirical Finance LLC now owns 5,405 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 31 shares during the period. Assetmark Inc. lifted its position in shares of Jabil by 10.6% in the 1st quarter. Assetmark Inc. now owns 344 shares of the technology company’s stock worth $91,000 after purchasing an additional 33 shares during the period. Root Financial Partners LLC lifted its position in shares of Jabil by 11.1% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after purchasing an additional 43 shares during the period. Groupe la Francaise boosted its stake in shares of Jabil by 6.4% during the second quarter. Groupe la Francaise now owns 795 shares of the technology company’s stock valued at $307,000 after purchasing an additional 48 shares in the last quarter. Finally, Trustmark Bank Trust Department increased its holdings in Jabil by 0.7% during the second quarter. Trustmark Bank Trust Department now owns 7,123 shares of the technology company’s stock valued at $2,746,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.